AMD Fell 8% as China Unveils New Technology — the Real Risk Is the Multiple, Not the Lithography

    China’s breakthrough in domestic chipmaking equipment sparked a major semiconductor sell-off, dragging down Advanced Micro Devices, Inc. (NASDAQ:AMD) despite strong fundamentals. An announcement from a manufacturing facility in Shanghai on July 27, 2026, caused a severe summer downturn for the AI semiconductor market. State-supported Shanghai Aishengna reported the production of homegrown immersion deep ultraviolet (DUV)…

    Read More

      China overcomes US ban with AI chip breakthrough

      Dutch giant ASML leads the world in producing lithography machines, but China is catching up – Alan Schaller China has achieved a breakthrough in developing technology crucial to the AI boom, overcoming US efforts to limit Beijing’s access to the systems. China’s chip giant Shanghai Yuliangsheng has started production of deep ultraviolet lithography machines, according…

      Read More
      The machine that rules the world: How EUV shapes technology, defence and global order

        Beijing’s ‘Manhattan Project’: China close to cracking code of EUV Lithography system – tech that controls the world

        An ASML EUV scanner is not just a machine; it is a mechanical marvel widely regarded as the most complex industrial apparatus ever created by humanity. Semiconductors — silicon chips measuring mere millimeters across — have become the most crucial technology in the modern world. They are the nerve centers of everything from smartphones and…

        Read More
        Exterior view of the head office of ASML, a leading maker of semiconductor production equipment, in Veldhoven, Netherlands, Monday, Jan. 30, 2023. ASML says the U.S., Dutch and Japanese officials are close to an agreement to limit China's access to the technology used to make computer chips. (AP Photo/Peter Dejong)

          ASML stock drops 6% as China segment takes hit from export bans

          ASML (ASML) stock dipped as much as 6% on Wednesday as the chip equipment maker’s China segment shrank as a percentage of net system sales, but management pointed to strong sales momentum and raised its full year sales forecast amid AI-driven spending. “Demand for chips is outpacing supply. In response, our customers are accelerating their…

          Read More
          Intel CEO Lip-Bu Tan: I was shocked to find China's Huawei has hired 100s of engineers who can...

            Intel CEO Lip-Bu Tan: I was shocked to find China’s Huawei has hired 100s of engineers who can…

            Intel CEO Lip-Bu Tan expressed shock at Huawei’s 100+ top CPU architects, developing alternatives to advanced tools and lithography. He warned China is rapidly closing the semiconductor gap through engineering and infrastructure optimization, even excelling in older tech. Tan also highlighted China’s regulatory speed and the US trailing in open-source AI development, urging immediate action…

            Read More
            'You Are Wrong': How ex-engineers of the European chip giant whose CEO said China is way behind may have proved him incorrect

              ‘You Are Wrong’: How ex-engineers of the European chip giant whose CEO said China is way behind may have proved him incorrect

              China has reportedly built a working prototype of an advanced chip-making machine, defying Western predictions. Former ASML engineers are said to be behind the project, which aims for semiconductor independence. This development, a six-year government initiative, could significantly alter global chip supply chains, challenging ASML’s monopoly on crucial EUV technology. In a high-security Shenzhen laboratory,…

              Read More
              ASML supplied product to military research institute in China

                ASML supplied product to military research institute in China

                Nieuwsuur Mitchell van de Klundert redacteur Nieuwsuur Mark Schrader verslaggever Nieuwsuur Mitchell van de Klundert redacteur Nieuwsuur Mark Schrader verslaggever Nieuwsuur Last year, ASML sold an essential chip machine part to a military research institute of CETC, one of China’s key defence companies. A Chinese quantum institute was also a customer. This has become clear…

                Read More
                The View | Trump-Xi summit a strategic turning point in US-China rivalry

                The View | Trump-Xi summit a strategic turning point in US-China rivalry

                Late last month, Chinese President Xi Jinping and US President Donald Trump reached a trade truce in Busan, South Korea, on the sidelines of the Asia-Pacific Economic Cooperation (Apec) summit. Beyond the pre-existing tariffs imposed by the first Trump administration and reinforced by the Biden administration, the current Trump administration will now levy an additional…

                Read More